/biz/ - Business & Finance

>>16356551
They're inefficient. They protect a few businesses which ought to be allowed to fail at the expense of many businesses which suffer from the increased cost of goods. A tariff against steel imports may help steel manufacturers in the USA, but it raises the cost of steel for every other business which hurts construction, ship-building, the automobile industry, and just about any other business that uses steel, resulting in decreased profits, wages being lowered, and less employment.